Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,625 people, 2,802 houses or apartments, and a median cost of homes of $571,547, real estate costs in West Bridgewater are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities.
Single-family detached homes are the single most common housing type in West Bridgewater, accounting for 80.30% of the town's housing units. Other types of housing that are prevalent in West Bridgewater include duplexes, homes converted to apartments or other small apartment buildings ( 11.24%), mobile homes or trailers ( 4.09%), and a few large apartment complexes or high rise apartments ( 2.27%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Bridgewater. Owner-occupied housing accounts for 81.90% of West Bridgewater's homes, and 71.25% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. West Bridgewater's housing was primarily built during this period, from the '40s through the '60s. A full 31.19% of the town's housing hails from this era. Other housing ages represented in West Bridgewater include homes built before 1939 ( 29.06%) and housing constructed between 1970-1999 ( 25.76%). There's also some housing in West Bridgewater built between 2000 and later ( 14.00%).
Appreciation rates for homes in West Bridgewater have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.82%, which ranks in the top 50% nationwide. This equates to an annual average West Bridgewater house appreciation rate of 6.84%.
Appreciation rates are so strong in West Bridgewater that despite a nationwide downturn in the housing market, West Bridgewater real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, West Bridgewater appreciation rates continue to be some of the highest in America, at 8.45%, which is higher than appreciation rates in 75.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in West Bridgewater. West Bridgewater appreciation rates in the latest quarter were at 2.38%, which equates to an annual appreciation rate of 9.87%.
Relative to Massachusetts, our data show that West Bridgewater's latest annual appreciation rate is higher than 60% of the other cities and towns in Massachusetts.
$571,547
for Massachusetts
for nation
2,802
$3,901 / per month